Asia: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Asia

The Asian non-knitted men apparel market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a mild decrease. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Non-Knitted Men Apparel Production in Asia

In value terms, non-knitted men apparel production shrank to $X in 2022 estimated in export price. The total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Non-Knitted Men Apparel Exports

Exports in Asia

In 2022, the amount of men's or boys' clothing (not knitted or crocheted) exported in Asia surged to X units, with an increase of X% compared with the year before. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X units; afterwards, it flattened through to 2022.

In value terms, non-knitted men apparel exports soared to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Bangladesh (X units), Pakistan (X units) and Turkey (X units), together making up a X% share of total exports. The following exporters - Vietnam (X units), Myanmar (X units) and India (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Pakistan, Turkey, India and Myanmar lagged somewhat behind, together accounting for a further X%.

Myanmar, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, picking up by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports in Asia

In 2022, approx. X units of men's or boys' clothing (not knitted or crocheted) were imported in Asia; growing by X% compared with 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-knitted men apparel imports rose significantly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units), distantly followed by South Korea (X units), India (X units), the United Arab Emirates (X units), the Philippines (X units), Hong Kong SAR (X units), Thailand (X units) and China (X units) represented the largest importers of men's or boys' clothing (not knitted or crocheted), together comprising X% of total imports. The following importers - Taiwan (Chinese) (X units), Iraq (X units), Turkey (X units), Malaysia (X units) and Singapore (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-knitted men apparel importing markets in Asia were Japan ($X), South Korea ($X) and China ($X), with a combined X% share of total imports. Hong Kong SAR, the United Arab Emirates, Turkey, India, Taiwan (Chinese), Singapore, Malaysia, Thailand, Iraq and the Philippines lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, remaining stable against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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